SRM
What is Supplier Relationship Management?
Supplier Relationship Management (SRM) is a comprehensive approach to managing a company’s interactions with its suppliers. It focuses on building and maintaining positive supplier relationships, fostering collaboration, and optimizing supplier performance to achieve mutual benefits. SRM is essential for ensuring a reliable supply chain, enhancing product quality, reducing costs, and driving innovation.
Potters Bar is a town in Hertfordshire, England,[1] 13 miles (21 km) north of central London. In 2011, it had a population of 21,882.[2][n 1] In the 2021 census, the four wards that make up Potters Bar - Bentley Heath & The Royds, Furzefield, Oakmere and Parkfield - had a combined population of 22,536. This includes several smaller outlying hamlets contained in the Bentley Heath & The Royds ward, such as Bentley Heath and Ganwick Corner. In 2022 the population was around 23,325.[3]
Within the historic county of Middlesex until 1965, the town dates to the early 13th century but remained a small, mainly agricultural, settlement until the arrival of the Great Northern Railway in 1850.[4] It is now part of the London commuter belt.[5]